/sfig/ Stocks, Forex, and Investments General

File: 33 KB, 500x375, received_m_mid_1412010780773_13ee013d1798ba9d59_0.jpg [View same] [iqdb] [saucenao] [google]

/sfig/ Stocks, Forex, and Investments General Anonymous Fri Nov 21 11:45:05 2014 No.557849 [Reply] [Original]

Stock market discussion and more!

>Game
http://www.marketwatch.com/game/biz-game-/
Password: merchant
~1900 /biz/ anons playing

>Trading Hours
Monday - Friday
0930 - 1600 EST
1430 - 2100 UTC

>Educate yourself
http://www.investopedia.com/university/stocks/

>Previous threads
>>>>>>http://archive.foolz.us/_/search/boards/biz.dev.foolz/text/Password%20%3A%20merchant%20/type/op/

Useful Links:
>Stock Price Charts
https://www.google.com/finance
http://finance.yahoo.com/
>Investing Wiki
http://www.investopedia.com/
>Advanced Graphics, Visuals, etc.
http://finviz.com/
http://finviz.com/map3d.ashx
http://stockcharts.com/

>>	Anonymous Fri Nov 21 12:05:54 2014 No.557863 Wonder how many people are still active in the marketwatch game?

>>	Anonymous Fri Nov 21 12:10:28 2014 No.557869 >>557863 Game? I was using real money.

>>	Anonymous Fri Nov 21 17:29:24 2014 No.558160 who else killed it with The Habit(HABT)? IPO'd at 18-currently at 36 yummmy it's obviously only going up

>>	Anonymous Fri Nov 21 17:33:25 2014 No.558164 I'm a semi-professional trader. I manage 5,000-10,000 share position sizes. Ask me anything. If it's anything about indicators or other retarded shit, I'm not going to respond.

Anonymous Fri Nov 21 17:38:53 2014 No.558175

>>558164
Do you trade with your own money or client's?

Do you do swing trading, day trading or long term investing?

What do you suggest for a beginner who has basic finance knowledge and wants to get into stocks?

What is a good amount of money to start with?

Anonymous Fri Nov 21 17:41:39 2014 No.558179
File: 153 KB, 460x405, fire_bucket.jpg [View same] [iqdb] [saucenao] [google]

>>558164
I am actually a complete amateur
I am dealing with chump change
>>because my disposable income is laughable
I am clueless regarding taxes with this world
am I going to be able to fill it all in with TurboTax or something?

>>	Anonymous Fri Nov 21 17:44:44 2014 No.558181 >>558179 Your broker should send you tax forms detailing what you did and made over the year.

Anonymous Fri Nov 21 17:47:11 2014 No.558182

>>558175
I trade for a firm.

I day trade. Very rarely hold overnight. In my philosophy, the longer you hold, the more risk you are exposed to.

I don't care what you know. Experience trumps education.

Start small. If you can't trade on 5 shares, you can't trade on 5,000.

>>558179
I'm no CPA but yeah, it's pretty simple. I just let my Aunt do mine. She's a tax accountant.

>>	Anonymous Fri Nov 21 17:48:32 2014 No.558186 >>558181 cool dude thanks. I think... because spoiler: My broker is a website

>>	Anonymous Fri Nov 21 18:35:26 2014 No.558240 >>558182 Do you trade only blue chip stocks? Do you trade on the news?

Anonymous Fri Nov 21 18:40:37 2014 No.558252

>>558240

I use different screeners. Circuit Breakers are nice. Anything with high relative volume. Stocks with large intranet ranges compared to their average. In play stocks. Nobody who makes big money trades the same stocks (AAPL, FB, SPY usually) all the time based off of indicators.

>>	Anonymous Fri Nov 21 18:45:26 2014 No.558262 >>558179 I'm not sure about Turbotax. Form 1099 and what not. If you are that clueless and doing your taxes yourself call the IRS and order Publication 17 to familiarize yourself. Is free.

>>	Anonymous Fri Nov 21 18:47:32 2014 No.558265 >>558186 When tax season rolls around Scottrade sends me all the necessary documents and I just upload them into turbotax and BAM. It's done. It's really easy and not something to worry about in this day and age.

>>	Anonymous Fri Nov 21 20:29:32 2014 No.558350 File: 44 KB, 500x398, masters_degree.jpg [View same] [iqdb] [saucenao] [google] thank you anons

>>	Anonymous Fri Nov 21 22:18:05 2014 No.558436 >>558160 You're dumb. It was PRICED at 18, it opened at 30 though.

>>	Anonymous Sat Nov 22 04:34:34 2014 No.558612 Dow jones at 20k by christmas? > BUT IT'S GOING TO CRASH HARD AT 15K fuck you niggers

Anonymous Sat Nov 22 05:31:50 2014 No.558635

I can't decide between:

1) Forex daytrading
2) Stock swing trading
3) Stock long term investment in indices

I have about $10k-30k to start out with and basic finance knowledge, have spent past 3 years reading investopedia, forums, /biz/ and other resources. I have talked with several traders, have general knowledge on how disciplined you have to be to trade. But I still think I'm not ready.

Stocks seem to have commissions way too high and due to living in Eastern Europe and not having Vanguard and what not directly available. I think for long term investment in indices I should have about $30k to start out with.

Stock swing trading - same thing. If I have less than $30k I will get destroyed by commissions.

Forex - seems most viable for now.

Thoughts?

>>	Anonymous Sat Nov 22 07:39:15 2014 No.558688 >>558436 >not knowing the glitch

Anonymous Sat Nov 22 18:48:33 2014 No.559127

>>558252
I currently work at a brokerage at a investment bank and I want to transfer to sales and trading or the front office of the brokerage. Tips?

Also, what are some "must reads" for day trading? I've been reading price action books by Al Brooks and Technical Analysis by Edward and Magee, what do you suggest I should add to my library?

Anonymous Sat Nov 22 19:33:22 2014 No.559172

>>558635
>forex university, learn how2 forex in 5 days and start trading now, using our trading platform of course, lol im making mad money bro and you can too
nope

>put everything in vanguard and wait 20 years, you'll fill a nice retirement fund assuming the economy in the long term isn't like the 70s stagflation or anything
I'm here because I want to do better than this

That leaves option 2, or something along those lines.

>>	Anonymous Sat Nov 22 19:37:20 2014 No.559178 >>558635 If you don't know what you're doing forex is something you're definitely going to have to learn how to trade first, you're trading against computers for a large part, keep in mind that it's a 0 sum game.

Anonymous Sun Nov 23 03:58:20 2014 No.559505

>>559178
>If you don't know what you're doing forex is something you're definitely going to have to learn how to trade first, you're trading against computers for a large part, keep in mind that it's a 0 sum game.
I would learn everything first, then paper trade for 6-12 months, only then trade with real money if I am profitable. Same with stocks.

>>	Anonymous Sun Nov 23 18:15:15 2014 No.560048 File: 354 KB, 1920x1080, 1414886913262.jpg [View same] [iqdb] [saucenao] [google] up guys What do you think about EUR/USD?

>>	Anonymous Sun Nov 23 18:21:16 2014 No.560058 >>558164 Is trading as math-oriented as people say it is?

Anonymous Sun Nov 23 20:31:07 2014 No.560190
File: 14 KB, 250x361, 18123.jpg [View same] [iqdb] [saucenao] [google]

Indirectly related to ETFs:

I currently have ~4 months expenditures saved up. Originally I planned on working towards 6 months, but I'm thinking instead to drop 5k into a Vanguard ETF.

Any advice on how to split this up? For context, 6 months' expenditures would be around 15k.

>>	Anonymous Sun Nov 23 23:11:43 2014 No.560301 >>560058 Not really. It helps to know Python or C#

>>	Anonymous Sun Nov 23 23:13:11 2014 No.560302 >>560058 >>560301 I'm that guy. My IDs just change because of Hotspot.

>>	Anonymous Mon Nov 24 05:12:23 2014 No.560493 >>560048 EUR is fucked. Dollars for everyone!

>>	Anonymous Mon Nov 24 06:42:28 2014 No.560514 is $10k enough to start trading? are penny stocks a bad idea? a friend of a friend makes like his living trading penny stocks

>>	Anonymous Mon Nov 24 08:10:21 2014 No.560566 >>560514 Yes and yes. Ask the friend of your friend what he trades and with how much money, then come back again and tell us his trading secrets.

>>	Anonymous Mon Nov 24 09:06:17 2014 No.560603 Market opens innnn... NOW! Where am I putting 3% today? JUNG? UGAZ?

>>	Anonymous Mon Nov 24 09:16:29 2014 No.560614 I have £11000 or so sitting in the bank. Is it worth using this to buy up garages/parking spaces? Will this make me any kind of money if I rent them out?

>>	Anonymous Mon Nov 24 09:25:36 2014 No.560619 >>560603 Wut? Still 5 min to go

Anonymous Mon Nov 24 09:32:55 2014 No.560626

>>560614
What does a garage/parking spot at your place cost? How much can you charge per month? How long will it take to get your money completely back (also considering that it's not rented every day/month)? Is there a high demamd for this where you live?

How thefuck should we know if it is profitable without knowing prices?

>>	Anonymous Mon Nov 24 09:37:00 2014 No.560629 >>560048 more like USD/EUR

>>	Anonymous Mon Nov 24 09:38:22 2014 No.560634 >>560626 i-i don't know... how doi go about finding this shit out?

>>	Anonymous Mon Nov 24 09:52:32 2014 No.560648 >>560634 Check offerings from websites (craigslist for americans for example) and newspapers. Compare them and post your results here, and someone will probably help you further.

>>	Anonymous Mon Nov 24 09:58:26 2014 No.560655 >>560648 will do, will report back once i've looked around.

>>	Anonymous Mon Nov 24 09:58:41 2014 No.560656 Anyone else riding the epic BRK train? Fuck the s&p and other indices. I feel stupid for having only 2k € in brk-b. I'm thinking of adding more (~10k€ in my cash account next month (thanks 13th and 14th salary)).

>>	Anonymous Mon Nov 24 10:27:53 2014 No.560671 >>560648 from the looks of things, it seems that they cost around £15-20k and bring in about 30 quid a week. i guess that's shit.

>>	Anonymous Mon Nov 24 10:46:39 2014 No.560676 File: 48 KB, 392x697, youreprofits.png [View same] [iqdb] [saucenao] [google] Post you're profits

>>	Anonymous Mon Nov 24 10:49:03 2014 No.560677 >>560676 over what timescale is this?

>>	Anonymous Mon Nov 24 10:51:04 2014 No.560678 >>560677 The first trade is at the bottom and was closed on October 18th, so 5 weeks.

>>	Anonymous Mon Nov 24 10:54:55 2014 No.560679 >>560678 fucking nice job anon, well done, 50000 in 5 weeks ain't fucking bad at all. what will youdo with the money?

Anonymous Mon Nov 24 11:00:25 2014 No.560682

>>560679
pretend that it's real money

;_;

I had you mirin' for a sec there. I don't want to put real money in until I have a bit more experience, but I think things wont be so easy by the time I throw real cash in.

>unless Russia gets fucked even harder and the Americans think that they've reached a new paradigm of profits

>>	Anonymous Mon Nov 24 11:46:38 2014 No.560707 DISH was nice. Shorted off the +2 VWAP this morning then bought off the -2 VWAP. Made 1.79 GPS.

>>	Anonymous Mon Nov 24 13:05:12 2014 No.560751 Just shorted TSLA. Took no heat unrealized. Realized 0.54 GPS profit.

>>	Anonymous Mon Nov 24 14:19:58 2014 No.560794 JNUG might pop soon based on looking at GLD and GDX. Could be wrong but I have been making good money day trading JNUG bad JDST recently.

>>	Anonymous Mon Nov 24 14:35:32 2014 No.560804 >>560794 lol are you seriously trading ETFs???

>>	Anonymous Mon Nov 24 23:38:05 2014 No.561310 >>558436 I am dumb

>>	Anonymous Tue Nov 25 00:06:03 2014 No.561337 Hey guys, CG has free bizcoins! http://cryptogator.net/bizcoin-faucet

>>	Anonymous Tue Nov 25 12:10:23 2014 No.561608 >>560656 No one? Stay poor you fags

>>	Anonymous Tue Nov 25 19:45:16 2014 No.561962 File: 68 KB, 600x350, mobile.jpg [View same] [iqdb] [saucenao] [google] >>560804 >not trading leveraged ETFs

>>	Anonymous Wed Nov 26 03:52:23 2014 No.562310 >>560804 Yeah, its called gambling. I use these special placebo meters and indicators to help me make myself feel better about my decisions.

>>	Anonymous Wed Nov 26 04:53:08 2014 No.562322 >>560671 It would take about 10 years to get your initial investment back What about buying it, then renting it for a few months and then sell it again for the full price (or a bit more).

>>	Anonymous Wed Nov 26 10:57:15 2014 No.562420 >>560794 Do you recommend jumping on the JNUG train?

Anonymous Wed Nov 26 12:41:22 2014 No.562511
File: 421 KB, 905x616, goldreal.jpg [View same] [iqdb] [saucenao] [google]

>>560794
>>562420
It looks like gold has reached a level of resistance in the short term but historically speaking it is still high priced so there is a lot of risk.

Am I stating the obvious?

Anonymous Wed Nov 26 13:11:55 2014 No.562544

>>562511
swiss might increase central bank gold holdings from 8% to 20%, a short term upwards pressure
http://minesite.com/2014/11/26/gold-hovers-at-around-us1200-as-speculation-about-an-increase-in-swiss-holdings-vies-with-dollar-strength/

http://www.businessinsider.com/countries-with-largest-gold-reserves-2014-2?op=1&IR=T

http://en.wikipedia.org/wiki/Swiss_National_Bank#Gold_reserves

switzerland has about 1000 tons in nazi gold and the globe has 30000, so unless I've made a mistake somewhere switzerland wants to buy 5.4% of the world's gold, spread out over a period of time of course

(1145*20/8-1145)/31812=5.4%

http://blogs.wsj.com/economics/2014/09/17/most-federal-reserve-officials-still-see-first-rate-hike-in-2015/
upcoming rate hike, traditionally people move from gold to treasury bonds when, but who was holding gold for savings in this downward's trend?

intredasting jesse colombo article

http://www.forbes.com/sites/jessecolombo/2014/11/26/why-gold-and-silver-are-at-an-important-make-or-break-point/

i will continue my feeble effort to analyze gold later

>>	Anonymous Thu Nov 27 05:26:59 2014 No.563198 Fuck oil. Is there a bottom?

>>	Anonymous Thu Nov 27 10:55:19 2014 No.563350 >>560682 how do I learn all this stuff?

>>	Anonymous Thu Nov 27 17:48:38 2014 No.563719 >>562511 >>562544 Thanks man. I wouldn't look to leveraged gold ETFs for more than a week long trade because it is so easy to just day trade them. JNUG/JDST and NUGT/DUST are just so great. Thanks for the info.

Anonymous Fri Nov 28 06:43:11 2014 No.564129

>>562511 here

correction, there are 30000 tons in foreign reserves and 140000 tons in total, so if the referendum approves increasing switzerland's gold reserves they will buy 1.16% of the world's gold

>>563719
another article on the swiss referendum
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/11258240/Swiss-vote-provokes-6000-year-gold-bubble-attack.html

a yes vote would apply an upwards pressure to gold, not sure how much impact it will have

these recent polls suggests they will vote against it
http://snbchf.com/gold/swiss-gold-referendum-latest-news/
http://www.usatoday.com/story/money/markets/2014/11/25/swiss-referendum-could-boost-gold-prices/70085982/

this earlier poll suggests they will vote in favor
http://www.forbes.com/sites/kitconews/2014/10/22/first-poll-shows-yes-side-has-upper-hand-ahead-of-swiss-gold-referendum/

I think it is more likely they will vote against it

Anonymous Fri Nov 28 11:23:12 2014 No.564233
File: 5 KB, 320x213, ddd1309-agenus_0.jpg [View same] [iqdb] [saucenao] [google]

I just bought 5,000 shares of AGEN. It's a cheap $3 BioTech stock that focuses on immuno-oncology drugs. They have 114 employees, which means it isn't some crapshoot 2 employee team BioTech penny stock. They have an upcoming drug waiting on BLA filing that treats Malaria. Then they have a drug that treats Melanoma in Final Ph 3 data. Both are partnered with GSK. They've had large negative returns this year, meaning they've been spending a lot in R&D, but they have a healthy D/E and P/E ratio. The BLA filing is anticipated to be this year, in 2014. The Melanoma drug in Final Ph 3 data is expected 2015.

>>	Anonymous Fri Nov 28 12:44:11 2014 No.564303 File: 2 KB, 619x20, tfw.png [View same] [iqdb] [saucenao] [google] >>564233 have i been tricked

>>	Anonymous Fri Nov 28 12:48:41 2014 No.564308 >>564303 Not even the same stock

>>	Anonymous Fri Nov 28 12:53:00 2014 No.564310 File: 20 KB, 771x576, 1416753997528.png [View same] [iqdb] [saucenao] [google] >>564308 tfw tricked ffs just chased on gold and it's taking a hammering :(

>>	Anonymouse !7tLDpBrPEk Fri Nov 28 17:14:10 2014 No.564516 Thinking about moving my position in Macy's into Land's End. Thoughts? >>563719 >>562420 >>560794 So this plummet today just FEELS like catastrophe?

>>	Anonymouse !7tLDpBrPEk Fri Nov 28 17:16:20 2014 No.564518 >>564516 Also, is URG kill?

>>	Anonymous Fri Nov 28 18:35:15 2014 No.564560 File: 57 KB, 600x815, avengers-age-of-ultron.jpg [View same] [iqdb] [saucenao] [google] So this movie is pretty much guaranteed to be a hit, you guys better start buying DIS.

>>	Anonymous Fri Nov 28 19:11:41 2014 No.564576 What Oil ETFs are you goys going to buy?

>>	R R Fri Nov 28 19:32:03 2014 No.564583 Haven't yall heard im back? wallst.help/econ/ new fresh domain clean board.

>>	Anonymous Fri Nov 28 19:33:18 2014 No.564584 >>564583 Thanks for those dubs, friend

>>	Anonymous Fri Nov 28 20:45:09 2014 No.564647 New to the stock game, what would you guys recommend as a basis for my bets percentage-wise?

>>	Anonymous Fri Nov 28 21:02:07 2014 No.564662 >>564576 thinking about XLE once the hedge funds are relieved of their CBOE margin calls

>>	Anonymous Fri Nov 28 23:06:09 2014 No.564736 JNUG took a huge dump today Is it time to buy?

>>	Anonymous Fri Nov 28 23:33:41 2014 No.564755 I'm hoping Oil drops to $60 next week. Freed up a lot of cash after closing a swing position and I'm just waiting for a big entry.

>>	Anonymous Sat Nov 29 00:12:09 2014 No.564774 >>564755 What are you looking at to buy? UCO looks good right now and it can go lower

>>	Anonymous Sat Nov 29 02:13:28 2014 No.564821 >>564583 Awesome, Thanks! Is there an archive of the old site? Would love to read a few topics again (like the 2014 predictions). Also, I couldn't acces your site on mobile without adding http://www..

Anonymous Sun Nov 30 02:29:12 2014 No.565955

Quickie question. No need to explain your stance I'm just getting a poll.

If you were thinking of buying into an index fund would you rather choose to put your money in an already existing fund, or buy up stocks yourself and try to mirror one?
Assuming say 500k is what you're working with.

Anonymous Sun Nov 30 02:52:59 2014 No.565963

>>557849
Polish VIVID games will release their game on Android on 4th December. It's the last moment to buy their shares before the take off. Just saying.

http://vividgames.com/news.php

11 Bit studios, creator of This World of Mine has already reached it's peak.

curry man !lyluTCJB5U Sun Nov 30 23:24:52 2014 No.567133
File: 71 KB, 1654x786, aaa vs robo.png [View same] [iqdb] [saucenao] [google]

Forex fag here...

In another thread there was a question about the difference between brokers so I though I would demonstrate that with my 2 main accounts. The thread I was going to reply to is kill so maybe those faggots will see my post here.

Larger time frames have more discrepancies in candle formations as the variation between different brokers and their server times and operating hours become more noticeable with the slightest differences.

You would not notice them as much on <H1 charts since 99% of brokers operate on the hour while time frames like H4 can easily overlap if one broker opens an hour earlier/later than another.

As you can see in pic related, even indicators with the same settings on the same time frames can give slightly different signals. I know there is a feature in MT4 to manually shift time but IDGAF.

>>	Anonymous Sun Nov 30 23:46:36 2014 No.567170 >>567133 I use Interactive Brokers' 5-sec data and it's only about 100ms behind. Very reliable.

>>	curry man !lyluTCJB5U Mon Dec 1 00:22:00 2014 No.567208 >>567170 was comparing H4 charts. 100ms doesn't mean much on a time frame of that size.

>>	Anonymous Mon Dec 1 15:40:58 2014 No.567752 I've posted about BRK stock since almost about the start of /biz/. I hope some of you joined the ride. >laughingbuffet.jpeg

>>	Anonymouse !7tLDpBrPEk Mon Dec 1 15:53:19 2014 No.567767 >>567752 What do they have other than the actual burger king franchise?

>>	Anonymous Tue Dec 2 08:09:25 2014 No.568738 >>557849 what do I do with my stocks? Do I buy and sell every day? Do I sell them once a week or do i have to wait for a month before selling?

>>	Anonymous Tue Dec 2 10:33:19 2014 No.568827 Anyone else trading NZD/USD for the long term? How likely do you think it will reach .8838 resistance?

Anonymous Tue Dec 2 10:59:27 2014 No.568854

Has anyone here made a decent amount of money as a "day trader"?

To do this just seems painfully fucking stupid to me. Professional money managers can't outperform the market when their clients returns are net of management fees.

They're professionals at optimizing a portfolio.

It can't be possible that you retards who pick stocks outperform the market if these professionals can't outperform the market. This is why I'm invested heavily in mutual funds and ETFs.

Plus, I don't have to waste my time trying to time the market like some kind of dumbass every day.

>>	Anonymous Tue Dec 2 11:03:55 2014 No.568856 >>568854 I'm pretty sure day trading is like professional gambling. People think just because they can flip a coin heads 10 times in a row they can analyze the market.

Anonymous Tue Dec 2 11:40:22 2014 No.568901

>>568856
That's my point.

Whenever I speak to someone about my finance degree and the conversation turns into them talking about what stocks they think will go up or down or whatever, they usually are talking about glamor stocks like apple, google, alibaba, etc.

That's when I usually start thinking, "wow, what a fucking dumbass".

>>	Anonymous Tue Dec 2 11:51:55 2014 No.568925 >>568738 Play the game, just play, make mistakes and learn

>>	Anonymous Tue Dec 2 11:53:36 2014 No.568927 >>568738 Also to answer your question: it depends Also try to make up for brokes fees, I'd not invest day by day unless you're willing to take the risk (and are sure the stock will go boom) You learn by playing the game

>>	Anonymous Tue Dec 2 12:01:04 2014 No.568937 >>568856 there is a small proportion of day traders who make consistent returns which if due to chance would be the equivalent of flipping 100 heads in a row

Anonymous Tue Dec 2 12:21:27 2014 No.568954

>>568854
80% of the NASDAQ is only like 5 stocks, you only have to beat these five stocks. If you understand advanced economics, pay attention to the news, know how to spot tried and true patterns, set stop-losses, know how to understand indicators, and SPEND A SHITLOAD OF TIME PRACTICING its not chance

Anonymous Tue Dec 2 13:13:30 2014 No.569013

>>568954
Even if this were true, why not just give your money to an active manager? I'll bet the opportunity cost and transaction fees for your average day trader outweigh the management fee of an actively managed fund.

It just seems stupid as fuck and like a huge waste of time to sit there buying and selling individual stocks all day long. No one ever gets rich that way.

Every old person in my university is there because "day trading ain't what it used to be back in the early 2000s". I always cringe when I hear this.

It was practically impossible to lose money in the stock market in the early 2000s.

Anonymous Tue Dec 2 15:54:00 2014 No.569197

Hey, Got a small question about bank accounts & interest rates.

I recently inherited £100k and made an initial withdrawal of around £16k to cover my previous debt and allow me to return to studying.
When the cheque clears I'll have £14.8k sitting in my account, I have some bills to pay off so that should bring it down to about £14k at the end of the year.

Currently it'll sit in a current account making next to no interest, I have a savings account and an ISA to put them in but the interest rates are 0.75% and 1%.
Since I'll be living off the money this year (paying rent, buying food, decorating etc) what is the best way to bank this to reap the maximum interest? Most UK bank accounts I see offer alright-ish interest rates for "regular" deposits but I just want something with an alright interest rate that gives me easy access to my money.

Fuck, poverty was so much easier.

>>	Anonymous Wed Dec 3 03:55:33 2014 No.570027 >>569197 You inherited 100k recently and only have 14k left? Wut

>>	Anonymous Wed Dec 3 14:23:56 2014 No.570358 I have a dumb question(sorry): Let's say I have stock.. Sunesis Pharma for example.. and then some huge Co, like I dunno, Regeneron Pharma buys it.. What happens to my stock? Thanks in advance for reading this

>>	Anonymous Wed Dec 3 14:35:39 2014 No.570370 >>570358 The price more or less jumps to whatever the buyout price is. You can then either sell your shares and be done with it, or hold on to them and eventually be payed whatever the terms of the buyout stipulate, assuming it doesn't fall through.

>>	Anonymous Wed Dec 3 14:56:51 2014 No.570385 >>569197 low risk bond ETFs

>>	Anonymous Wed Dec 3 22:23:24 2014 No.570779 what programs are there to help analyze your portfolios? Is there any that doesnt look like blatant spyware

>>	Anonymous Thu Dec 4 12:48:23 2014 No.571424 >>569197 you want to put money in the bank when the us dollar is becoming more and more worthless? Put them in ETFs, silver, and blue chip stocks.

>>	Anonymous Thu Dec 4 14:00:13 2014 No.571514 >>570779 Your brain

Anonymous Thu Dec 4 17:51:32 2014 No.571783

I haven't read the thread yet, and am new to trading and /biz/ in general. If someone would answer a few questions that would be great. If not, I'm sure I'll figure it out eventually.

1. How much do you need to get started? The minimum amount?

2. I know there's different types of trading. What is the type I need to look into for day to day trading. Like making a stay at home job out of it?

3. Is http://www.investopedia.com/university/stocks/ all I need to learn? Are there any other resources I should read?

Thanks.

>>	Anonymous Thu Dec 4 20:28:10 2014 No.571932 Anyone have experience with investing in junk bonds/funds? Something like VWEHX for example

>>	Anonymous Thu Dec 4 21:01:57 2014 No.571963 >>571783 1. 25k+ 2. Trade Secrets. 3. You've got about 20 books to read, and several months of practice ahead of you.

>>	Anonymous Thu Dec 4 22:42:39 2014 No.572073 >>560676 I'm pretty new but I want to know what platform you do and shit. PLEASE ADVICE

>>	Anonymous Fri Dec 5 13:51:00 2014 No.572588 Fuck GMO

>>	Anonymous Fri Dec 5 13:55:04 2014 No.572594 >>571963 >you need 25K to get started Tell that to my FAS holdings. Started out at 3k. Now at 10k and still rising. You can start out with as little as $1000 if you're patient.

>>	Anonymous Fri Dec 5 14:28:29 2014 No.572621 What brokerage service do you guys use? I hate paying $9.99 per trade at TD Ameritrade

>>	Anonymous Fri Dec 5 14:33:15 2014 No.572625 >>571963 Thanks for the info. >>572594 >You can start out with as little as $1000 if you're patient. Any tips? That's about what I have at the moment on hand.

Anonymous Fri Dec 5 14:42:10 2014 No.572630

>>572625
What I'm doing/have done is use my macroeconomic forecasting knowledge to try and predict trends over a time horizon of 1-3 months.

For instance, back a month or two ago when the S&P took it's big dip, which investors were calling a market correction, I moved most of my money into SPXL, which is a 300% levered ETF, because I knew the S&P was going to keep rising.

You can do this with pretty much any industry/sector/trend. There are even levered market volatility ETFs (you make money when the market is just more volatile).

>>	Anonymous Fri Dec 5 15:09:07 2014 No.572680 >>572630 I just started doing a similar thing although I'm not super smart on the analytics of it, I guess I go off practicality of what I know I can make a tidy profit on short/long term. Leveraged ETFs are great.

>>	Anonymous Fri Dec 5 15:15:11 2014 No.572684 >>572680 Yeah, they're great until they're not. I like to be reasonably sure that they're going where I think they're going.

>>	Anonymous Fri Dec 5 18:33:24 2014 No.572866 >>571963 >You've got about 20 books to read mind linking a few of them?

>>	Anonymous Fri Dec 5 18:35:19 2014 No.572869 >>560682 >not shorting exploratory shale companies It's like you enjoy losing money >not hedging your shorts by buying UGAZ.

>>	Anonymous Fri Dec 5 18:38:54 2014 No.572873 >>572630 >volatility ETFs You mean Like UVXY and the VXX? Know of any others?

Anonymous Fri Dec 5 20:26:08 2014 No.572946
File: 37 KB, 200x200, borisgrishenko.jpg [View same] [iqdb] [saucenao] [google]

I feel like I've finally started to turn a corner in my FOREX adventure. This week I pulled in 184 pips total. For me this is huge because I work a pretty typical 9-5 and can't be as dedicated as some. Most of this was on the FXCM mobile app. I have a micro account with them so obviously I'm not making big bucks. But really encouraged that my discipline paid off. My biggest weaknesses were, and might still be always going for revenge trades or hoping for a reverse when a trend emerges. I have no one to tell who would be interested, so here I am /biz/.

>mfw closing out my final trade for a profit at 4:25 this afternoon.

>>	Anonymous Fri Dec 5 20:28:46 2014 No.572949 >>564755 >>564774 Sold off my RIG and NE positions about 2 months ago. Phew.

>>	Anonymous Sat Dec 6 02:17:15 2014 No.573211 >>572866 Peter Lynch Benjamin Graham Warren Buffett

>>	Anonymous Sun Dec 7 14:17:42 2014 No.574481 >>573211 Thank you for these. What else that is of substance?

Anonymous Sun Dec 7 14:29:47 2014 No.574492
File: 14 KB, 340x322, level 2.png [View same] [iqdb] [saucenao] [google]

How in the actual fuck do I learn to use level 2 properly and intuitively? DVDs, books, I don't care if I have to spend money I just want to become proficient at it, I know it can even be used to avoid short traps but I just don't fucking get it.

Anonymous Sun Dec 7 14:38:11 2014 No.574504

>>557849
Excellent thread. I work a 9-5 like most of you and I'm only 20 right now. I make okay money for where I'm at as a network technician but I fucking hate working away my life for someone else. I have some basic understanding of stocks, but nothing huge. Is there any chance of being a success at the market so that I don't have to work for someone else? and what timeframe would that require? 20 years? 10? a few? I know it isn't easy work and no one gets rich easily and few quickly.

>>	Anonymous Sun Dec 7 14:42:54 2014 No.574507 >>574492 level 2 was useful 10 years ago, not anymore

>>	Anonymous Sun Dec 7 19:14:51 2014 No.574753 How do I learn forex trading? >http://www.babypips.com/school Is this good? Also, is there a simulator to practice on?

>>	Anonymous Mon Dec 8 10:26:00 2014 No.575414 anybody known when will oil price will bounce back? all these oil & natural gas stock going down the shitter look delicious

Anonymous Mon Dec 8 12:03:23 2014 No.575477

>>575414
I'd say 60$ feels about right given the last decade or so, there's some tough talk of it going down to 40$. I could see it going as low as 20$, though I would expect the US government to step in at some point if that happens.

Come to think of it, what exactly DOES all this cheap oil mean for the US and the world in general? OPEC and Russia are kind of screwed, though I'd argue Russia a bit less so, but cheap energy for everyone? I'm not sure if the gains in other sectors will more than offset the drop in energy.

>>	Anonymous Mon Dec 8 12:06:20 2014 No.575481 >>575477 maybe airline and manufacturing industry since they use less gas

Anonymous Mon Dec 8 12:12:43 2014 No.575487

>>574507
This. Back when Level2 accurately represented real bids/asks from real traders, it was a lot more useful. Right now, what would happen would be that an order to buy, say, 21600 shares at $0.1240 limit, AON, would be that a robot would fill 1500 shares at $0.1195, the robot at 0.1240 would withdraw its 20000 shares that were offered at 0.1240, and you'd get no fill.

Unless, of course, there was a real seller at 0.1196, in which case he'd sell to you all he had, and you'd never know he has, say, another million or two to selll.

Sometimes I think the purpose of the bots isn't to add liquidity from retail, it's to take liquidity away. At the very least, it's to hide the real bid/ask spread from the L1 players by only showing 100 shares on the bid and offer, regardless of where a real buyer/seller might exist.

>>	Anonymous Tue Dec 9 04:28:51 2014 No.576323 >>561608 This

>>	Anonymous Tue Dec 9 05:52:53 2014 No.576343 File: 40 KB, 491x491, gee i wonder who could be behind this post.jpg [View same] [iqdb] [saucenao] [google] >>575414 Yes anon, I know exactly when oil will bounce back

>>	Anonymous Tue Dec 9 06:24:24 2014 No.576351 >>564560 go away viral DIS marketeer.

>>	Anonymous Tue Dec 9 06:31:21 2014 No.576355 >>572946 >mobile app >using your phone for banking jesus christ you people are retarted.

>>	Anonymous Tue Dec 9 06:42:42 2014 No.576366 >>576351 Always bet on the mouse

>>	Anonymous Tue Dec 9 07:13:11 2014 No.576383 >>576366 DIS was a good buy four years ago. Now it won't go much further up and the dividend it pays is just too small. ESPN does not make enough money, neither does any themepark outside of asia.

>>	Anonymous Tue Dec 9 08:50:18 2014 No.576420 IT'S HAPPENING SELL EVERYTHING

>>	Anonymous Tue Dec 9 13:00:59 2014 No.576572 >>576383 You're dumb. This guy has it >>576366 My father became super rich by buying Disney and riding the splits. Disney is love, Disney is life.

>>	Anonymous Wed Dec 10 01:43:19 2014 No.577303 Stock related question. How do I find the growth if EPS grew from $1.25 to $1.9 over the last 5 years. Common stock price is $35 and dividends of $1.25 were paid last year.

>>	Anonymous Wed Dec 10 14:41:20 2014 No.577683 Anyone playing MW on earnings today?

>>	Anonymous Thu Dec 11 08:22:09 2014 No.578334 Fuck AMD. Fuck GMO. Fuck you /biz/

>>	Anonymous Thu Dec 11 08:52:40 2014 No.578345 >>578334 Why did you NOT get out of those positions years ago, let alone months? We alll knew Wipe was a beta cuck bitch who sucked his gf's clit for money

>>	Anonymous Thu Dec 11 09:23:08 2014 No.578351 >>578345 I got out of AMD in january before earnings. I bought before sfig was a thing. I feel stupid for buying GMO because of wipe (I salso have some PCYC - ~3k€). Good thing I only spent 1000€ on GMO. Is there a chance that it will rebound (a bit)?

Anonymous Thu Dec 11 16:46:40 2014 No.578691
File: 343 KB, 1023x1534, models.jpg [View same] [iqdb] [saucenao] [google]

>>578334
>AMD
is it because it's a mid east company?
amd graphics are prefered for mining cryptocurrencies...
and then I thought apple is going to do something with AMD...
but is it something along the line of .. no trust towards mid east basically?
what the story?
I kinda want to get a crazy amount and wait for a comeback

>>	Anonymous Thu Dec 11 16:50:01 2014 No.578696 >>572621 Tradeking is 5 bucks lemme get the referral reward though friend-o we both get 50 bucks

>>	123 Thu Dec 11 17:16:59 2014 No.578714 >>558164 Eli5. What's a option? And how do people make so much money in a week? How difficult is to learn it?

Anonymous Thu Dec 11 18:07:20 2014 No.578746

>>578691
I know two people who work at AMD, and its basically shit. It'll take Steve Jobs + Bill Gates + 100 engineers from LM skunkworks combined to pull the company out of the shitter. Intel is generations away in the their multicore cpu technology. AMD had a boost last year due to GPU demand, and it hoping to coast on consoles, but it wont happen. They only made ~150m on the console market, the rest of their departments are losers.

Anonymous Fri Dec 12 16:17:04 2014 No.579716

>>578714
Option is renting a stock. You pay the rent beforehand and then you can sell the stock. If it goes up you can sell it and give the "value on day of rental" to the owner. If it goes up a lot you can make a lot of money. If it goes down, you can just give the stock back but you'll have paid the rental fees. If it stays even, you still have to pay the rental fees and will lose money.

So it's:

If you sold it:

Profit = current price - price on day of rental - rental fees

If you didn't sell it:

Loss = rental fees

I hope this makes it clear

>>	Anonymous Fri Dec 12 17:23:42 2014 No.579785 itshappening.gif

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

/biz/ - Business & Finance